Ann: HGV extends the term of Parallax Ventures as Asset Manager, page-2

Totally underwhelming. Parallax have apparently bettered the benchmarks. Wow.So negative performance is applauded?

"Parallax was appointed as asset manager of HGV’s investment portfolio in July 2019, for an initial period
of three years. During this term, the returns have exceeded HGV’s benchmark."

Most importantly they have failed to bridge the NAVS/SP ratio that reflects shareholder disillusionment with directors, management and Parallax for 3 last years and more when directors reckoned weed was the next big thing. Falling NAV and SP continued over the 3 year management period although it seems to have leveled out recently. Don't hold your breath for anything miraculous to happen any time soon while directors continue to reward themselves handsomely at SH expense. Hubris reigns supreme.